Johnson Controls Signs Agreement to Acquire Alloy Enterprises, Strengthening Data Center Thermal Management Leadership
Acquisition adds Alloy Enterprises' technology enabling up to 35% better thermal efficiency and reduces cooling energy use in high-performance data centers, Johnson Controls said.
- Yesterday, Johnson Controls announced from Milwaukee that it has an agreement to acquire Alloy Enterprises, with financial terms not disclosed.
- Johnson Controls said the deal aligns with its strategy to unlock cooling innovation and accelerate the AI-based economy while strengthening capabilities in the data center thermal segment through Alloy Enterprises' next-generation platform.
- Alloy Enterprises, founded in 2020, develops advanced direct liquid cooling that can enable up to a 35% improvement in thermal management efficiency and is now shipping to leading data center, industrial, and military customers.
- Alison Forsyth added she is excited to join Johnson Controls and accelerate their technology's impact, supporting the company's thermal management strategy.
- Regulators must approve the transaction, and Johnson Controls' cautionary statement highlights risks including unmet synergies, integration delays, transaction costs, and impacts on energy efficiency and decarbonization efforts.
25 Articles
25 Articles
Johnson Controls signs agreement to acquire Alloy Enterprises, strengthening data center thermal management leadership
Transaction aligned with Johnson Controls' strategy to unlock cooling innovation and accelerate the AI-based economyEnhances Johnson Controls' leading capabilities in the rapidly growing data center thermal segment
The Irish-American multinational Johnson Controls will purchase Alloy Enterprises, a Boston-based company specializing in thermal management of high-performance data centers and other industrial applications.
Johnson Controls to acquire Boston-based company to expand its data center cooling capabilities
Building technology company Johnson Controls, which is based in Ireland but has operating headquarters in Glendale, on Wednesday announced that it has reached an agreement to acquire Boston-based Alloy Enterprises. Terms of the deal were not disclosed. It is expected to close in the third quarter. Founded in 2020, Alloy Enterprises is a thermal, mechanical […]
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